Sandy recovery facts (as of Oct. 6, 2014)
Oct. 29, 2012, Hurricane Sandy strikes with a storm surge weather experts in New York had never seen before.
Recovery milestones at two years
- More than $13.6 billion in total federal assistance has been provided for Individual Assistance grants, SBA low-interest disaster loans, National Flood Insurance Program payments and Public Assistance grants.
- FEMA referred 211,970 households to the Individuals and Households Program (IHP). This program disbursed over $1 billion to survivors. Of that total, nearly $865 million was for housing assistance. Maximum grants of $31,900 were given to 5,263 applicants. Nearly 5,600 survivors received more than $8.9 million in disaster unemployment assistance. FEMA’s Individuals & Households Program (IHP) ended on April 30, 2014.
U.S. Small Business Administration
- The SBA has approved 23,216 individuals and businesses for SBA disaster loans totaling more than $1.5 billion. Of that, nearly $1.3 billion was approved for homeowners and renters and about $267.5 million was approved for businesses.
National Flood Insurance Program
- More than $3.9 billion in flood insurance payments made to 57,244 policyholders
- More than $5.5 billion obligated in FEMA Public Assistance grants to communities and some nonprofit organizations that serve the public
- More than 3550 projects approved so far
- More than $1.7 billion for projects to protect against future disaster damage
Hazard Mitigation Grant Program (HMGP)
- The FEMA Hazard Mitigation Grant Program has obligated $84.7 million in funding to 24 sub-applicants for New York State priority hazard mitigation projects.